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Business | May 21, 2012

Power Integrations completes Concept acquisition

Power Integrations has completed the acquisition of CT-Concept Technologie AG, effective May 1.

Balu Balakrishnan, president and CEO of Power Integrations, commented: “The acquisition of Concept expands our footprint in the high-voltage power-conversion market, enabling us to bring the same benefits of integration – reliability, efficiency and ease of design – to high-power systems that we have long brought to lower-power applications. Concept is an ideal strategic fit for us and we are delighted that they are now part of our company.”
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